PYMNTS

DECEMBER 2, 2019

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to acquire a stake in Future Retail. percent of Future Retail.

Retail 130

Retail Marketing Groups Operations 130

PYMNTS

JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. Commerce operators such as Macy’s and Timberland , for instance, are showing how to use virtual reality-equipped smart mirrors for such tasks from product testing to checkout. billion via retail and marketing in 2022.

Retail 210

Retail Trends Washington Technology 210

PYMNTS

APRIL 29, 2019

They estimated the cost of supporting these payment operations at an average of 2.7 To manage their complex payment operations, digital platforms have teams averaging six to 10 employees to support the three processing relationships. All of this is proving costly for digital platforms. percent of sales.

Payments 170

Payments Survey America Study 170

PYMNTS

JANUARY 15, 2021

What this all means for brick-and-mortar operators is the big question as 2021 gets underway. Mark The Date: January 12, 2022 . Per this latest Pandenomics report, foot traffic of the past is exactly that, so further adaptation is required by the remaining base of retail establishments. 12, 2022,” per the study.

Study 132

Study Online social media Retail 132

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

Trends 52

Trends Industry US Cards 52

PYMNTS

JUNE 13, 2019

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. By 2022, the report says, VR will generate $1.8

Retail 182

Retail Google Tools Video 182

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

JUNE 28, 2019

Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. retailers so far this year than in all of 2018. is still operating, but renovations will start later this year.

Operations 100

Operations US Los Angeles Retail 100

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. Those moves come amid more pressure on brick-and-mortar pharmacy operations. billion by fiscal 2022 in annual expenses. The latest evidence of that comes from Walgreens.

Innovation 136

Innovation Retail United States ATM 136

PYMNTS

FEBRUARY 28, 2017

percent between 2017 and 2022. At this rate, by 2022 the warehouse robotics market will have grown to a value of some $4.44 In the report , Research and Markets projects that the warehouse robotics market is expected to grow at a compound annual growth rate of 11.8

Study 100

Study America Industry Regional 100

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. Mall Leases. New Investment.

Retail 108

Retail Innovation Minnesota Los Angeles 108

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. 2022 Judges (Left to Right): Sidhartha Dash, Paul Deall, Senthil Erulappan, Armando Junior.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

AUGUST 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Wed, 05/25/2022 - 03:43. Tue, 08/16/2022 - 15:30. Then in the Spring of 2022, the Federal Reserve began increasing interest rates slowly because they believed that inflation was going to be short-lived. in June 2022 is 10.7% Saxon Shirley. See all Posts.

Trends 52

Trends Industry US Cards 52

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. million this year and 94.4 million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 21, 2018

It’s a tale of two kinds of brick-and-mortar retailers amid the rise of eCommerce: Some traditional department store chains like JCPenney and Macy’s are shuttering stores, as some retailers with other business models are more than surviving. TJX, the owner of off-priced retailers like T.J.

Retail 170

Retail Los Angeles Branding Trends 170

PYMNTS

APRIL 6, 2017

It can be argued that one of the oldest industries around, supply chains, is stodgy and a bit stuck in the past when it comes to innovation. However, the supply chain industry is actually currently undergoing a digital revolution.

Operations 103

Operations Survey Industry Analytics 103

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). Retail Credit Analytics. 2022 marks the 16th annual RiskTech100® report. Link to download the 2022 Chartis RiskTech100® Report.

Report 52

Report Analytics Company Innovation 52

PYMNTS

APRIL 25, 2019

Might Macy’s be a better landlord than retailer? have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. The year got off to a bumpy start for the retail chain, as holiday sales slumped when they were supposed to soar. Macy’s Woes.

Retail 122

Retail Los Angeles New York City New York 122

FICO

DECEMBER 14, 2021

As we move forward into 2022, we are seeing the first signs of some interesting trends that will pick up pace across borders. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. Related scams have also been on the rise.

Fraud 52

Fraud Management Data Trends 52

PYMNTS

OCTOBER 23, 2019

French retailer Casino announced that it has raised €1.5 In addition, the company has plans to make a tender offer to buy back its bonds that mature in 2020, 2021 and 2022. billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing debt. The company is already in the middle of a €4.5

Retail 100

Retail Groups Capital Operations 100

PYMNTS

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

FICO

MARCH 30, 2022

itelna, the Czech Republic’s oldest and largest bank, has modernized its operations by optimizing its decisions around customers in early collections. Operational capacity needed to be targeted on relevant accounts, portfolio performance maintained, customer experience improved, and resources freed up to address hardship situations.”.

Operations 52

Operations Analytics Resources Strategy 52

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104

PYMNTS

AUGUST 12, 2020

And in retail, Amazon is growing its Project Zero effort, which aims to eliminate counterfeit goods through proprietary technology along with machine learning and cooperation with brands. 17: Number of countries in which Project Zero is now operative. $2T: 56%: Portion of U.S. banks that offer digital onboarding capabilities.

Branding 149

Branding Data Retail Technology 149

BankInovation

MAY 17, 2023

Farm Bureau Bank is implementing tech from cloud-based fintech nCino for commercial and retail loans, treasury management services and deposit accounts to operate across one platform. Farm Bureau Bank signed with nCino on Oct.

Operations 52

Operations Fintech Retail Management 52

PYMNTS

DECEMBER 10, 2018

Among the names cited in the report, retailers WHSmith has payment terms that have stretched between 90 days to 120 days, and Boots has terms that range from 75 days to 120 days. A House of Representatives report has found that businesses are unable to invest, boost employment or grow operations.

Report 159

Report Retail Payments Survey 159

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

BankInovation

FEBRUARY 20, 2024

Total operating expenses for its investing banking arm were 7.7 billion) in 2023, down 6% from 2022, reflecting that investment in talent and technology were driving down costs, according to the bank’s fourth-quarter earnings presentation. Barclays is saving money and improving its customer experience through technology investments.

Customer Experience 66

Customer Experience Operations Technology Retail 66

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. Here are the five most-viewed posts from 2022 on the FICO Blog related to fraud. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Card Skimming Fraud Grows 700+% in First Half of 2022. FICO Admin. Tue, 07/02/2019 - 02:45. These included: 1.

Fraud 52

Fraud Cards Analytics Oakland 52

PYMNTS

JULY 21, 2020

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. As it stands, the company operates 180 retail locations in Florida as well as Alabama. The grocer intends to break ground on its new Loxley, Alabama distribution center and regional headquarters next year.

Alabama 159

Alabama Phoenix Arizona Florida 159

PYMNTS

MAY 19, 2019

Earlier this month it was reported that the French retail giant was looking to fetch about $1 billion for the Chinese business. Carrefour opened its first supermarket in Beijing in 1995, and now operates stores in more than 70 cities in the country. The three companies planned to collaborate on data, mobile payments and smart retail.

Retail 134

Retail Operations Online Report 134

Abrigo

APRIL 25, 2024

At the same time, 59% pursued credit to meet operating expenses. Other industries with double-digit declines in average loan size are hotel and food, retail, transport and warehousing, and construction. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. It seems that, like the rest of the country’s retailers, Walmart had to pick a side between China’s two eCommerce giants: Either Tencent or Alibaba , both of which have been investing heavily since 2017 in efforts to dominate the mobile payment market.

Retail 115

Retail US Regional Branding 115

PYMNTS

MAY 28, 2018

The Verge reported that Best Buy Mobile stores were only contributing around 1 percent of overall revenue, while gobbling up more in operational costs than their full-sized counterparts. Outside of grocery, crafts retailer A.C. That’s according to Business Insider ; the retailer hasn’t been vocal about its upcoming closures.

Retail 100

Retail Missouri New Jersey Minnesota 100

PYMNTS

SEPTEMBER 20, 2019

With those plans, the eCommerce retailer said it would purchase a fleet of electric vans to begin sending packages to shoppers in 2021. By 2022, 10,000 of the new carbon-neutral vehicles will be reportedly operating. And, by 2030, all 100,000 would reportedly be operating.

America 166

America Retail Operations Report 166

PYMNTS

DECEMBER 29, 2020

That brand is anticipated to contribute a minimum of $500 million in sales and 20 cents of adjusted earnings per share (EPS) in fiscal 2022. million or 66 cents per share in operating income on $2.6 In October, VF Corporation reported $256.7 billion in revenue for the three months that concluded on Sept. a share on net income of $3.2

Colorado 194

Colorado Branding Capital Retail 194